Economy
- Tech
Report: Amazon freezes hiring on corporate retail division
NEW YORK — Amazon is implementing a hiring freeze on the corporate side of its retail business for the rest…
Read More » - Personal Finance
The job market’s ‘game of musical chairs’ may be slowing — but workers still have power, say economists
Hinterhaus Productions | Getty Images There are signs the hot job market is cooling — but workers still have bargaining…
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U.S. job openings sink in August, signaling potential pullback in hiring
The number of available jobs in the U.S. plummeted in August compared with July as businesses grow less desperate to…
Read More » - Stock Market
The Fed is going to cause ‘unbelievable calamities’ if they keep hiking, according to Barry Sternlicht
Barry Sternlicht, CEO, Starwood Capital Group Scott Mlyn | CNBC The Federal Reserve’s aggressive rate hike path – an attempt…
Read More » - Banking
Mortgage mayhem sparks fears of a housing market crash in Britain
U.K. mortgage rates have skyrocketed since Finance Minister Kwasi Kwarteng’s mini-budget on Sept. 23, prompting banks to pull mortgage products…
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Nobel season is here: 5 things to know about the prizes
COPENHAGEN, Denmark — The beginning of October means Nobel Prize season. Six days, six prizes, new faces from around the…
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Americans are suffering from ‘recession fatigue,’ report finds
A recession is a very real possibility. As the Federal Reserve aggressively raises rates to combat persistent inflation, the tough…
Read More » - US
Three Lessons for Americans from the British Pound’s Plunge
For now, the Bank of England has restored some calm to the global financial markets, which got the jitters a…
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Pension fund panic led to Bank of England’s emergency intervention: Here’s what you need to know
The Bank of England on Wednesday launched a historic intervention in the U.K. bond market in order to shore up…
Read More » - Politics
Trump-supporting counties are doing better recovering jobs than those that voted for Biden
Counties around the U.S. where a majority of voters supported former President Donald Trump in the 2020 election are regaining…
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